This article was first published on TrustToken - Medium
With TrueUSD trading pairs now active on over 50 exchanges, the TrustToken team has been busy scaling TrueUSD to meet market demand. As we grow, we’ve been taking significant measures to not only ensure the stability of the TrueUSD legal and technical infrastructure but also the transparency and ethics of our process. Here are a few updates from the last month.
1. TrueUSD Announced as Quote on Binance
Binance has launched TrueUSD as a quote currency with markets priced in TrueUSD. Binance initially plans to launch a total of 6 new markets with three already active — XRP/TUSD, XLM/TUSD, and EOS/TUSD. The listing date for BTC, ETH, and BNB trading pairs has not yet been confirmed. You can track progress here or follow us on Twitter for the latest updates.
2. Why Exchanges Are Choosing TrueUSD
TrueUSD is now listed on over 50 exchanges, with more than 100 trading pairs. We talked with some of our exchange partners to learn about why they chose to list TrueUSD.
“DigiFinex is committed to providing the most convenient and secure investment instruments, and we are confident that TrueUSD, as a fully collateralized and exchange-agnostic stablecoin, will add value for our traders. Over time, DigiFinex plans to remove all of the Tether (USDT) pairings and replace them with TrueUSD (TUSD) pairs.” — Kiana Shek, the co-founder of DigiFinex
“TrueUSD (TUSD) is the largest and most liquid option of the new generation of regulated stablecoin projects. Upon our collaboration with TrustToken, we believe TUSD is one of the most reliable 1:1 USD collateralized stablecoins; by listing TrueUSD on BitMart Exchange, we we are extending the benefits of a secure stablecoin to our users.” — Sheldon Xia, Founder & CEO, BitMart
“In our mission to create the premier, next generation trading marketplace, we are ...
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